Tag Archive: On Politics

The EU Begins to Splinter, a new Tsunami for Kuroda

2016-06-24

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2016-06-24

Early this morning one might have been forgiven for thinking that Japan had probably just been hit by another tsunami. The Nikkei was down 1,300 points, the yen briefly soared above par.

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Towards Freedom: Will The UK Write History?

2016-06-22

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2016-06-22

Every freedom loving person on the planet has their eyes fixed on this referendum. A clear majority voting for Brexit and therefore for more decentralization, would show that the British realized they can break free from their self-imposed nonage, and reclaim individual liberty.

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Gold and Brexit

2016-06-20

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2016-06-20

The pain of negative yields and social chaos will be very long lasting and very good for gold. So, gold must go up, but Brexit is not one of the reasons why it should. This tells me that in the short term there will likely be a correction in the gold price, creating an opportunity to trade

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A Market Ready to Blow and the Flag of the Conquerors

2016-06-20

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2016-06-20

The U.S. is too big, too varied, too much of everything. You can’t fix a single view of it, even in your mind. But now our problems, challenges, and discontents are big. They are national and international. We cannot see them. We cannot understand them. Instead, we draw their measure from the news media – based on a flag that flutters and sags, depending on which way the wind is blowing.

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How the Welfare State Dies

2016-06-19

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2016-06-19

People have become used to the idea that the State is their sugar daddy. Many apparently believe that it has some undisclosed, infinite stash of resources at its disposal which it can shower them with at will. The reality is unfortunately different.

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Claudio Grass Talks to Godfrey Bloom

2016-06-15

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2016-06-15

  Introductory Remarks – About Godfrey Bloom [ed note by PT: Readers may recall our previous presentation of “Godfrey Bloom the Anti-Politician”, which inter alia contains a selection of videos of speeches he gave in the European parliament. Both eru...

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Brexit Paranoia Creeps Into the Markets

2016-06-13

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2016-06-13

European Stocks Look Really Bad… Late last week stock markets around the world weakened and it seemed as though recent “Brexit” polls showing that the “leave” campaign has obtained a slight lead provided the trigger. The idea was supported by a not...

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Is It Our Duty to Fight When the Deep State Asks?

2016-06-13

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2016-06-13

  Hero or Traitor?   And it’s one, two, three, What are we fighting for? Don’t ask me, I don’t give a damn, Next stop is Vietnam; And it’s five, six, seven, Open up the pearly gates, Well there ain’t no time to wonder why, Whoopee! We’re all gonna di...

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What Congress Really Thinks of Voters

2016-06-13

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2016-06-13

  Battle of Wits  BALTIMORE – On Wednesday, the Dow rose over 18,000, for the first time since April. Hillary is riding high, too. She is a pro. She has the entire Deep State behind her – including almost every crony and zombie in the country – and a...

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The Trump Risk: Will President Trump Trigger a Recession?

2016-06-10

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2016-06-10

“The economic consequences of a Trump win would be severe,” claims Mr. Summers in the headline. But he has no way of knowing what the consequences would be, let alone if they would be severe. Would they be worse than if Ms. Clinton were elected? No one knows.

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Free Speech Under Attack

2016-06-08

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2016-06-08

  Offending People Left and Right Bill Bonner, whose Diaries we republish here, is well-known for being an equal opportunity offender  – meaning that political affiliation, gender, age, or any other defining characteristics won’t save worthy targets ...

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The Real Reason We Have a Welfare State

2016-06-07

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2016-06-07

  From Subject to Citizen BALTIMORE – June 5th, the Swiss cast their votes and registered their opinions: “No,” they said. We left off yesterday wondering why something for nothing never works. Not as monetary policy. Not as welfare or foreign aid. N...

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Moving Closer to BREXIT

2016-06-07

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2016-06-07

  Polls Show Growing Support for a Break with the EU In the UK as elsewhere, the political elites may have underestimated the strength of the trend change in social mood across Europe. The most recent “You-Gov” and ICM pools show a widening lead in f...

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Free Money Leaves Everyone Poorer

2016-06-07

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2016-06-07

  Destroying Lives BALTIMORE – A dear reader reminded us of the comment, supposedly made by Groucho Marx: “A free lunch? You can’t afford a free lunch.”   Groucho dispensing valuable advice Photo via imdb.com   He was responding to last week’s Diary ...

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Swiss Referendum: The new World of Bread and Circuses

2016-06-04

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2016-06-04

Swiss Referendum Minimum Income
9 out of 10 workers could be permanently replaced by robots. The working classes of Rome were put out of work by “robots,” too – slaves captured in Rome’s many successful conquests. Given the Swiss initiative for the minimum income, welcome to the world of bread and circuses!

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Grasping Parasites and Bernie the Underdog

2016-06-03

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2016-06-03

The system changed in 1971, when President Nixon took the dollar off the gold standard. Since then, the powers that be no longer depended on Congress… or savers…or voters… to raise the funds they needed. What about Bernie Sanders?

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Arrant Star Trek Socialism

2016-05-31

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2016-05-31

  Robotic Utopia In spite of the fact that Marx expressed nothing but disdain for his Utopian socialist predecessors such as Henri Saint-Simon and Auguste Comte, variants of Utopian socialism evidently live on. The latest iteration of the socialist d...

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A Thank You to the Jackasses Running the Economy

2016-05-30

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2016-05-30

  Rolling Back 200 Years of Growth BALTIMORE, Maryland – The press reported mixed financial news on Thursday. House sales, oil, unemployment figures… up, down… the news left investors puzzled.   Two of many symptoms of the much-bewailed “populist bac...

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The Power Elite: Bumbling Incompetents

2016-05-28

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2016-05-28

Is there any smarter group of homo sapiens on the planet? Or in all of history? We’re talking about Fed economists, of course. Not only did they avoid another Great Depression by bold absurdity…giving the economy more of the one thing of which it clearly had too much – debt. They also carefully monitored the economy’s progress so as to avoid any backsliding into normalcy.

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Democratic Fun in Tajikistan

2016-05-27

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2016-05-27

  Capo for Life! The people of Tajikistan love their president Emomali Rahmon deeply. And as we now know, nearly all of them do. The last time a leader of similarly exalted stature enjoyed such unconditional and unshakable support from the entire cit...

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